What is Cormark’s Estimate for Eldorado Gold Q4 Earnings?

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Cormark upped their Q4 2024 EPS estimates for Eldorado Gold in a research note issued to investors on Thursday, January 16th. Cormark analyst R. Gray now forecasts that the company will earn $0.82 per share for the quarter, up from their prior estimate of $0.70. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold’s Q1 2025 earnings at $0.50 EPS, Q2 2025 earnings at $0.58 EPS, Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $1.21 EPS and FY2025 earnings at $2.88 EPS.

Other equities analysts have also issued research reports about the stock. Stifel Nicolaus cut their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. National Bankshares cut their price target on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$23.61.

Eldorado Gold Stock Performance

Shares of ELD stock opened at C$20.96 on Friday. The firm has a market cap of C$4.29 billion, a P/E ratio of 17.47, a PEG ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. Eldorado Gold has a fifty-two week low of C$13.10 and a fifty-two week high of C$26.32. The stock’s 50-day moving average is C$22.31 and its two-hundred day moving average is C$22.84.

About Eldorado Gold

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.